new announcement .. funding proposal, page-63

Hi guys,

As I have said before we need a price of anything north of $1.20 to even contemplate issueing shares to Ansteel.

I have only been a holder of GBG of about 6 months or so and not familiar with the management but I hope they have their heads screwed on and will not panick in this time of high volatility and short term bad sentiment towards everything that is being traded to make a profit.

At the end of the story this deal being put forward by Ansteel, is opportunistic saying the least.
And with having already a debt facility in place under the current agreement, it is depending on the Premium, probably just a gimmick.

Lets hope that our management is astude enough to smell a rat when they see one.

jojo